Supply chain visibility has been defined by TechTarget as“the ability of part, components or products in transit to be tracked from the manufacturer to their final destination. The goal of supply chain visibility is to improve and strengthen the supply chain by transforming data to usable information to all stakeholders including the customer.”
Sherlock Holmes used to state, “Data! Data! Data! I can’t make bricks without clay.” Nowadays, we can’t make the right decision if we do not have the right information on time. It’s a capital mistake to theorize before one has the data.
In the last century, some supply chain professionals used to twist the facts to suit theories, instead of theories to suit the fact. This was basically because of the lack of tools that allowed them to make any decision with clear facts and figures at the time to make business decisions.
For this reason, sometimes the decision was ill-informed, or even late.
The supply chain industry is in constant evolution thanks to Robotic Process Automation, Machine learning, Artificial Intelligence, Blockchain, the Internet of Things and Predictive Analytics. Operations are being automated and logistics providers are focused to bring value to their customers.
Shippers need to have full visibility of their global transactions and supply chain activities. For this reason, to implement the adequate supply chain visibility ERP or to partner with the right logistics provider is a critical decision that will ensure the following benefits are in place:
- Cost avoidance
- Minimized stock rotations
- Improved customer satisfaction
- Reduced transportation lead times
- Transparency and clarity in the process (These two drivers will allow us to detect black spots and pain points that cost time and money)
- Correctly predict market trends
- Make the right decisions to positively impact the P&L bottom line through the proper analysis of the data received
BDP International has been developing different technology enablers for more than 30 years, to bring visibility, efficiency, effectiveness and value-added solutions to our customers globally. Innovation is part of our DNA, for this reason, BDP has actively pursued to cover other important aspects of the supply chain to make sure that our customers find the right answer to their needs in a disruptive environment. Just recently, we announced a new partnership with FourKites that centers around solution design for predictive shipment visibility across the supply chain.
Our service model is focused to exceed our customers' expectations, and for this reason, we are developing solutions that include AI and RPA, Transport Management System ( TMS) enhancements, and a deep focus on process efficiency and effectiveness.
BDP is offering innovative new products and services related to :
- 4PL and Integrated Analytics Solution
- Comprehensive Technology platforms
- Continuous improvement
- Supply Chain Digitization
For BDP, quality data is one of the main drivers to have full transparency in the whole supply chain process and improve our customer’s operational flows. The KPIs jointly agreed with customers, show the efficiency of the process in place, potential areas of savings, seasonal and market trends or detect unexpected costs that could bring a negative impact in the P&L.
In these disruptive and changing times in the supply chain industry, I always keep in my mind Darwin’s quote “It’s not the strongest of the species that survives, nor the most intelligent but the one most responsive to change”; however, I would dare to add and to echo Gandhi’s words “the future depends on what we do in the present."
For this reason, our organization is keenly focused to continue developing new and innovative technology initiatives and solutions.
The sky is the limit!!